dealflow
envelope $200M

← Targets

Surgical Hospital Of Oklahoma

Oklahoma City, Oklahoma County, OK · CCN 370201
Licensed to Surgical Hospital Of Oklahoma Llc

Composite
57.9
rank score
Distress
86
FY2023
Fit
48
vs thesis
Estimated ticket
$4.2M–$16.8M
12 beds · within envelope
Ownership
for-profit
STH

Why it ranks here

  • operating margin below -10%
  • total margin below -8%
  • under 30 days cash on hand
  • current liabilities exceed current assets
  • liabilities exceed assets
  • occupancy below 30%
  • urban — higher occupancy and iteration surface
  • very small facility
  • very small ticket — sub-scale as a platform asset
  • very low occupancy — limited volume to learn from
  • for-profit — no charitable conversion review

Latest financials · FY2023

Net patient revenue$28.4M
Operating margin -20.5%
Total margin -20.5%
Days cash on hand 1
Current ratio 0.90
Occupancy15%

Facility

Beds12
Facility typeSTH
Settingurban
Ownership classfor-profit
Per-bed (low) $350K
Per-bed (high) $1.4M

Financial history

FYBedsNet patient rev Net incomeOp margin Total marginDays cash Current ratioOccupancy DischargesDistress
2020 12 $14.0M $-4.7M -45.6% -30.1% 27 0.71 8% 202 100
2021 12 $25.0M $-2.2M -19.1% -8.1% 0 0.63 11% 254 100
2022 12 $31.2M $-3.6M -13.0% -11.5% 4 0.85 14% 333 96
2023 12 $28.4M $-5.8M -20.5% -20.5% 1 0.90 15% 378 86

Owners

OwnerRole%SinceType
Ok Sho Health Ventures, Llc
Oklahoma City, OK
operational/managerial control 100 2018-04
Ok Sho Health Ventures, Llc
Oklahoma City, OK
5% or greater direct ownership interest 67 2018-04
Aaron Benham limited partnership interest 2 2021-04
Bradley Wilson limited partnership interest 2 2020-11
Charles Snyder limited partnership interest 2 2021-04
Cole Wootton limited partnership interest 2 2020-11
David Bobb limited partnership interest 2 2012-12
Joel Tupper limited partnership interest 2 2020-06
Johnny Hickson limited partnership interest 2 2021-04
Martin Lopez limited partnership interest 2 2005-02
Michael Padilla limited partnership interest 2 2020-06
Moses Family Investments, Llc
Norman, OK
limited partnership interest 2 2012-12
Robert Vogel limited partnership interest 2 2020-12
Vytautas Ringus limited partnership interest 2 2012-12
Anthony Jackson limited partnership interest 1 2013-07
Charles Anderson limited partnership interest 1 2006-04
John Hughes limited partnership interest 1 2000-02
Linzi Stewart limited partnership interest 1 2021-06
Scott Morris limited partnership interest 1 1998-01
Quang Tu limited partnership interest 0 2009-01
Cindy Braly corporate officer 2019-09
Cindy Braly w-2 managing employee 2019-09
Scott Morris general partnership interest 2009-09
Sheldon Spence w-2 managing employee 2022-12
Susan Nusz corporate officer 2017-05

Showing 25 of 26. Full list via /api/targets/370201.

Ownership changes

No CMS ownership change on record since 2016 — this hospital has not traded in at least a decade.

Who has been buying in OK

Completed CMS ownership changes in this state. These buyers already cleared the licensure process here — and whoever advised them knows this market.

DateBuyerSellerHospitalBeds
2025-12-01 Comanche County Hospital Authority Southwestern Medical Center, Llc Comanche County Memorial Hospital 183
2023-11-01 Integris Health Ponca City Hospital Inc Kay County Oklahoma Hospital Company, Llc Ponca City Medical Center 47
2023-11-01 Integris Health Woodward Hospital Inc Woodward Health System Llc Alliancehealth Woodward 40
2022-07-01 St Anthony Shawnee Hospital Inc Seminole Hma Llc St Anthony Shawnee Hospital 61
2021-04-01 Ssm Health Care Of Oklahoma, Inc. Midwest Regional Medical Center, Llc Ssm Health St Anthony Hospital - Mid 126
2019-01-01 Saint Francis Hospital, Inc. Saint Francis Home Health Inc. Saint Francis Hospital 903
2018-10-01 Integris Baptist Medical Center Inc Deaconess Health System Llc Integris Baptist Medical Center 615
2017-05-01 Ahs Pryor Hospital, Llc Mayes County Hma, Llc Hillcrest Hospital Pryor 21
2017-04-01 Saint Francis Hospital Muskogee Inc Muskogee Regional Medical Center Llc Saint Francis Hospital Muskogee 236